5 Boundary Street, Midway Point TAS 7171

| Midway Point | fully refurbished | 701sqm block | 150sqm internal | reverse cycle | This property presents a rare combination of a fully refurbished interior on a substantial 701sqm block in Midway Point, a location that typically offers older or unrenovated stock. The 150sqm internal area with three car spaces provides a practical floorplan for a couple or small family seeking low-maintenance living without sacrificing space. The reverse cycle heating and cooling, new paint, and quality carpets remove the immediate need for capital expenditure, which strengthens a buyer’s negotiating position against properties requiring work. The primary risk is the price expectation, given the earlier estimate of $757,000 and the current “Offers Over” positioning, which may indicate vendor ambition above recent market evidence. The 2013 last sale date means no recent comparable transaction data is available for this specific house, increasing the importance of a thorough market analysis of recent Midway Point sales. The opportunity lies in the fact that a fully refurbished house on a 701sqm lot is uncommon in this suburb, meaning it may attract a narrower but more motivated buyer pool, potentially reducing competition if the vendor is realistic.